No.105449
Lets be honest, both Marxian and Austria Economics have failed (I'm not even gonna talk about Chicago). So, embrace tradition: return to Proudhon, the single most genius economist.
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No.105450
>>105449
pic related is from Anarchism Applied to Economics by Laurence Labadie
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No.105451
>Pierre-Joseph "Property is theft" Proudhon
<Single MOST genius economist
What?
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No.105452
>>105451
>muh Property is theft quote
>skips over Property is liberty
Ok retard
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No.105453
>>105452
He never even said that. Cx
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No.105454
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No.105455
>>105452
>>105453
>In the System of Economic Contradictions, having recalled and confirmed my initial formula, I added another quite contrary one rooted in considerations of quite another order—a formula that could neither destroy the first proposition nor be demolished by it: Property is freedom. … In respect of property, as of all economic factors, harm and abuse cannot be dissevered from the good, any more than debit can from asset in double-entry book-keeping.
From Confessions of a Revolutionary
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No.105467
How has Austrian economics failed? What is your criteria for failure?
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No.105477
>>105467
It failed in being a good value system. Its shit
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No.105482
>>105477
I don't think you actually understand what austrian economics is, first of all it assumes the subjective theory of value, how is that wrong, and second of all how did it fail? You just avoided his question.
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No.105483
>>105482
For starters it has abomanble pseudoscience of praxeology as its basis. And when base aint good, neither is the rest
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No.105487
>>105483
I eagerly await your formal proof that shows man does not act.
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No.105500
>>105483
>Baseless assertions
If you hate the Austrians so much, you should at least have an argument against them, otherwise, how do you know they are wrong?
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No.105504
>>105487
>>105500
Its a pseudoscience, its not based in evidence
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